Malaysia State Oil Giant Petronas Looks to Boost Production
Petronas aims to increase Malaysia’s oil and gas production to 2 million barrels of oil equivalent per day (boepd) over the next three years to 2027, the Malaysian national oil company said in its Activity Outlook 2025-2027.
Indonesia to Restrict Crude Oil Exports to Meet Domestic Demand
Jakarta. The Indonesian government plans to restrict crude oil exports this year to maximize the utilization of local refineries and ensure sufficient fuel supply for domestic consumption.
PTT report sees oil prices decreasing
Global energy market prices are expected to decline as new US president Donald Trump recently announced plans to increase domestic production of oil and gas, according to the weekly global oil market report issued by national oil and gas conglomerate PTT Plc.
Malaysia’s Petronas to decommission Sabah-Sarawak gas pipeline
Jan 28 (Reuters) – Malaysia’s Petronas will decommission the Sabah-Sarawak gas pipeline, the state energy firm said on Tuesday in its activity outlook report.
Aboitiz, Ang, Pangilinan power firms finish deal for integrated LNG facility
MANILA — Three of the biggest players in the Philippine power industry have finshed their deal to operate an integrated liquefied natural gas facility.
Oil price rollback set Tuesday
MANILA – After three consecutive weeks of price hikes this year, motorists are expected to enjoy lower fuel prices as oil firms are set to implement a rollback on Tuesday.
UK energy firm acquires Harbour Energy’s Vietnam operations
Hanoi (VNA) – British energy company EnQuest announced on January 22 its acquisition of Harbour Energy’s operations in Vietnam as part of its strategy to expand internationally.
Mitsubishi Power completes 1.4GW gas-fired GTCC plant in Thailand
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired gas turbine combined cycle (GTCC) power plant in Thailand.
